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AFTA

First duty-free cars arrive from Thailand

First duty-free cars arrive from Thailand

Over 2,000 Honda cars from Thailand—the  first batches of cars to enjoy zero per cent import duty under the ASEAN Free Trade Agreement (AFTA)—have been imported to Viet Nam.
Local firms must pay attention to AEC integration

Local firms must pay attention to AEC integration

The ASEAN Economic Community (AEC) will be officially es-tablished on December 31, 2015 and Viet Nam will be a member of the community.
Consultants predict more investments next year

Consultants predict more investments next year

Consulting firm Grant Thornton (Vietnam) has released a report on private equity that shows an encouraging improvement in respondents'' belief in higher investment activities in the next 12 months.
Domestic firms ignore AEC challenges: Experts

Domestic firms ignore AEC challenges: Experts

Vietnamese businesses are oblivious to the pressures of competitiveness in the wake of ASEAN moving up the ladder from AFTA to ASEAN Economic Community (AEC) by the end of 2015.
Imports of completely built units hit local car sales

Imports of completely built units hit local car sales

Viet Nam imported 10,100 completely built units (CBU) cars worth US$180 million in the first quarter, up 44.1 per cent in volume and 32.2 per cent in value year-on-year.
Using Viet Nam to Target the Emerging ASEAN Region

Using Viet Nam to Target the Emerging ASEAN Region

Boasting more than half a billion people, abundant natural resources, and a strategic geographical location, the Association of Southeast Asian Nations (ASEAN) has the potential to become a leading global economic force in the near future.
Car makers turn to imports

Car makers turn to imports

The struggling Viet Nam car making industry is already turning to importing vehicles well before the country joins the ASEAN Free Trade Area (AFTA) in 2018.
Auto industry faces crossroads ahead of ASEAN trade pact

Auto industry faces crossroads ahead of ASEAN trade pact

Viet Nam''s automotive industry could face major collapse under commitments to the ASEAN Free Trade Area (AFTA) which will abolish auto import taxes in 2018.